Bitwise Bitcoin ETF (NYSEARCA:BITB) Shares Purchased by Gunderson Capital Management Inc.

Gunderson Capital Management Inc. raised its holdings in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 16.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 7,891 shares of the company’s stock after acquiring an additional 1,100 shares during the period. Gunderson Capital Management Inc.’s holdings in Bitwise Bitcoin ETF were worth $401,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. Fairway Wealth LLC grew its holdings in shares of Bitwise Bitcoin ETF by 258.1% in the third quarter. Fairway Wealth LLC now owns 1,110 shares of the company’s stock valued at $38,000 after purchasing an additional 800 shares during the period. Avior Wealth Management LLC acquired a new position in Bitwise Bitcoin ETF in the 3rd quarter valued at about $69,000. Farther Finance Advisors LLC grew its stake in shares of Bitwise Bitcoin ETF by 6,150.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,500 shares of the company’s stock valued at $86,000 after buying an additional 2,460 shares during the period. Allworth Financial LP increased its holdings in shares of Bitwise Bitcoin ETF by 381.5% during the 3rd quarter. Allworth Financial LP now owns 2,557 shares of the company’s stock worth $88,000 after buying an additional 2,026 shares during the last quarter. Finally, Shore Point Advisors LLC acquired a new stake in shares of Bitwise Bitcoin ETF during the 3rd quarter worth approximately $205,000.

Bitwise Bitcoin ETF Trading Down 1.2 %

BITB opened at $50.98 on Tuesday. Bitwise Bitcoin ETF has a one year low of $21.05 and a one year high of $59.07. The business’s 50 day moving average price is $51.43 and its 200 day moving average price is $40.00.

Bitwise Bitcoin ETF Profile

The Bitwise Bitcoin ETF Trust (BITB) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the price performance of spot Bitcoin (BTC). It will hold Bitcoin directly, secured through a multi-layer cold storage wallet. BITB was launched on Jan 10, 2024 and is issued by Bitwise.